Personal Development

a. Analyse self managed learning theory to show how you may plan and prepare for your own lifelong learning. Then, design and produce your own personal development plan (PDP) that reflects upon and shows evidence of your personal development in the past 12 months and planned in the next 12 months. a. Lifelong Learning is "all learning activity undertaken throughout life, with the aim of improving knowledge, skills and competence, within a personal, civic, social and/or employment-related perspective." (European Society of Association Management, 2007) The need to modify ourselves according to external needs is dominant and necessary. Our ability of acquiring knowledge that will develop us as individuals, as contributing members of society is the incessant prerequisite for living a rewarding and successful life. The ability to achieve this omnipresent objective is through Self-Managed Learning Theory, the maturation process when adults undertake the task of learning by themselves. (PSA Training and Development Ltd, 2005) I have always wanted to have my own business and be my own boss. After the financial meltdown starting from 2007, my interest was sparked by the financial world. I embarked on the journey of choosing the best degree course for my plans as well as the core subject area I wanted to explore. That 's how I chose this degree course of Business Finance. As I realised I wanted to open my own Financial Consultancy business. Currently, I want to complete my first session and thus, first year of my degree course of Business Finance. This will help in carving a niche for me in the Finance industry. After the degree I would do CFA before commencing work on my own business. Going through the various learning theories, I find Kolb 's learning theory most useful as it emphasises that the human mind can be an Activist, Reflector, Theorist and Pragmatist all together, as part of an interlinked process of understanding a matter. (Learning and Teaching Home, 2011)

References: European Society of Association Management. 2007. WHAT IS LIFELONG LEARNING? - THE VIEW FROM THE EUROPEAN COMMISSION . [ONLINE] Available at: http://www.esae.org/articles/2007_08_005.pdf. [Accessed 04 September 12]. Learning and Teaching Home. 2011. The Experiential Learning Cycle. [ONLINE] Available at: http://www.learningandteaching.info/learning/experience.htm. [Accessed 04 September 12]. PSA Training and Development Ltd. 2005. Self Managed Learning: Theory and Practice - Mike Peckham. [ONLINE] Available at: http://www.psa-training.co.uk/psa/articles/self-managed-learning.htm. [Accessed 28 August 12].